Louisville KY Short Sales

Many things have changed in the real estate market recently and it can be a bit intimidating for a buyer. But if you understand a few key concepts, you are can be in the driver’s seat for a great deal on your next property.  One type of property sale you definitely want to understand is the short sale. 

View all Short Sales Below

If you want a home in the Louisville area, a short sale might be the right way for you to go.  A short sale refers to a property sale that provides the lender with less money than currently owed by the borrower.  It’s an agreement between the seller (borrower) and his/her lender that can prevent the home from going to foreclosure.Louisville Short Sales

A short sale can provide you with a once in a lifetime opportunity to buy a home at a bargain price.  This might mean more square footage, a better location or higher quality construction than you might otherwise find.  There are some distinct advantages of a short sale over foreclosure too.

Short sale homes are often in better condition than foreclosures because the previous owner sought to sell before they defaulted. That often means they have done a better job maintaining their home until they listed the property too.

How can you ensure that the short sale property that interests you is in good condition? Make a successful home inspection by a reputable firm part of your offer on the home.  Be aware that the lender may be in too much of a hurry for this, but the purchase price will often be low enough to make your risk worthwhile.

If you want to purchase a home in this favorable market, a short sale may well get you much more house for your money. Know the risks. See professional advice and you may well be in your dream home before you know it.

These Louisville Short Sales are updated every day from the  Louisville KY MLS. If you would like more information on any of these Louisville Short Sales for sale, just click the "Request More Information" button when viewing the details of that property. We can provide you with disclosures, past sales history, dates and prices of homes recently sold nearby, and more.

And, if you haven't already, be sure to register for a free account so that you can receive email alerts whenever new Short Sales come on the market.

7 Properties Found.
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4001 Charleston Way
Shelbyville, KY 40065
4001 Charleston Way Shelbyville, KY 40065
1 of 40
$269,900
Subdivision: Charleston
BEDS
4
BATHS
3
SQ.FT.
3,116
BUILT
1999
ON SITE
16Days
MLS
1521936
Are you looking for a spacious ranch with room to roam in one of the best of Shelbyville's friendly neighborhoods? Well, look no further! This home features a spacious living room with gas fireplace,...
7414 Old North Church Rd
Louisville, KY 40214
7414 Old North Church Rd Louisville, KY 40214
1 of 33
$259,000 ( $16,000 )
Subdivision: Yorktown North
BEDS
4
BATHS
3
SQ.FT.
3,056
BUILT
1987
ON SITE
39Days
MLS
1520923
Short sale sold as is. Wonderful opportunity to own a well-maintained four bedroom & three bath home on a peaceful cul-de-sac street in the South End of Louisville. Featuring up to date appliances in...
5418 Fruitwood Dr
Louisville, KY 40272
5418 Fruitwood Dr Louisville, KY 40272
1 of 6
$114,500 ( $9,000 )
Subdivision: Leemont Acres
BEDS
3
BATHS
2
SQ.FT.
1,530
BUILT
1971
ON SITE
88Days
MLS
1517869
SHORT SALE. Property sold AS-IS. Nice home in need of some TLC. 3 bedroom 1.5 bath, eat-in kitchen and nice size living room. The basement is partially finished with large open area and a room that...
63 Clear Creek Rd
Eminence, KY 40019
63 Clear Creek Rd Eminence, KY 40019
1 of 13
$88,900 ( $10,000 )
Subdivision: N/A
BEDS
3
BATHS
1
SQ.FT.
1,000
BUILT
1981
ON SITE
143Days
MLS
1513222
BRICK RANCH, EAT IN KITCHEN, FRONT PORCH, DECK,NICE SIZE LOT , FONT PORCH, DECK AND JUST OUTSIDE OF TOWN PROPERTY IS A SHORT SALE AND IS SUBJECT TO 3RD PARTY APPROVAL. MAY TAKE SEVERAL MONTHS TO...
4517 Sedgefield Ct
Louisville, KY 40216
Under Contract
4517 Sedgefield Ct Louisville, KY 40216
 
$80,000
Subdivision: N/A
BEDS
3
BATHS
2
SQ.FT.
1,398
BUILT
1976
ON SITE
39Days
MLS
1520938
Very find home is an established neighborhood, nice 2.5 garage.This is a Short Sale, requiring 3rd party approval
1607 Clara Ave
Louisville, KY 40215
1607 Clara Ave Louisville, KY 40215
 
$62,900 ( $1,600 )
Subdivision: Highbaughs
BEDS
2
BATHS
1
SQ.FT.
700
BUILT
1950
ON SITE
17Days
MLS
1521854
This property is a possible short sale being sold as is with no repairs being made by the estate. Property being sold to settle an estate. One executor is a licensed real estate agent in the state of...
722 S 40Th St
Louisville, KY 40211
722 S 40Th St Louisville, KY 40211
1 of 6
$40,000
Subdivision: N/A
BEDS
2
BATHS
1
SQ.FT.
1,519
BUILT
1925
ON SITE
266Days
MLS
1501910
Welcome to this Beautiful Home, One of the biggest houses on the Street. 2 bedrooms, 1 bath, Can possibly be a 4 bedroom house. Huge Great Room, Unfinished basement, Big backyard, Two sitting Rooms....
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